Things appear to be on the move all around that lot. The legislature enabled the joint Brown, Rhode Island College and University of Rhode Island re-purposing of the abandoned power plant on Dyer Street. That project alone will bring hundreds of new people into the district on a daily basis. Developers have expressed interest in several 195 parcels as the infrastructure work nears completion. That means more people coming into the area.
As development proceeds and daily activity increases, additional parking will be sorely needed. So will the improved mass transit capabilities the proposed bus depot would bring to the District.
One of the 195 parcels mentioned as a possible site for a "life science incubator" is just off-camera diagonally across the Clifford and Richmond intersection from the southwest corner of the current Garrahy parking lot.
In its issue for June 23d, Providence Business News provided background and full details.